Selenga pulp and paper mill stays at business
“Selenga pulp and paper mill got out of the crisis”, said general manager of the plant Liliya Deeva.
According to her, the major technological risks are liquidated for now, the plant has the current assets, the company’s development program is created and it will be started in 2018.
For five months of 2016 the company paid RUB 187 million of debts and the remaining RUB 68 million it is planned to pay before the end of the year.
“We are not facing the bankruptcy today, overproduction ambitious program will be launched in 2018-2019, reductions are not planning”, said Liliya Deeva.